Browsing Tag
Oil
74 posts
Russia Calls Oil-Producing Countries To Ditch US Dollar Currency
The currency wars have intensified as Russia is reeling under the economic sanctions pressed by the White House.…
Saudi Arabia: Non-Oil Revenue Hits 50% of GDP for the First Time
Saudi Arabia was well-known as the largest oil producer in the world and dominated the larger share of…
BRICS Urges Middle East To Ditch US Dollar For Oil Trade
BRICS member Russia is urging countries in the Middle East to stop accepting the US dollar for oil…
Currency: Why Is Putin Urging the Middle East to Stop Using US Dollar?
Vladimir Putin, President of Russia, is back in the headlines. In a recent statement given by the Russian…
BRICS: India Takes Major Step To Ditch US Dollar in Oil Trade
Amid the greater de-dollarization efforts of the BRICS economic alliance, India has taken a major step to ditch…
Saudi Arabia Announces Major New Gas Discovery
Saudi Arabia announced a new major gas discovery at the state oil company Aramco’s Jufurah field on Sunday.…
Why Are Oil Prices Falling Today? Explained
The anticipation concerning the US Fed interest rate cut has already started to show its potential results. The…
BRICS: How Will Expansion Affect The Oil Market in 2024?
The BRICS alliance grew in numbers in 2023, with multiple nations being invited to join the bloc and…
BRICS Control 47% of Global Oil, U.S. Owns Just 2.1%
Saudi Arabia officially joined the BRICS alliance on Wednesday becoming the first large oil-producing country to enter the…
U.S. Dollar Bounces Back Leading Gold & Oil Prices To Dip
The U.S. dollar remained strong this week rising from a low of 102 to a high of 103.8…